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    312 S Washington Blvd Camanche, IA 52730

    • Bars
    • 2,690 SF
    • 0.24 lot acres
    For Sale
    View listing
    $230,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US25-1158127
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bars

    Property Details for 312 S Washington Blvd

    Year built
    1960
    Construction
    FRAME
    Lot size
    0.24 lot acres
    Property size
    2,690 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    1018930000
    APU
    1018930000

    Description

    This exceptional commercial property, located at 312 S WASHINGTON Boulevard in Camanche, Iowa, 52730, presents a unique investment opportunity. The asking price is $299,900 for this land parcel featuring a single building currently operating as a fully remodeled bar and tavern. Situated on a high-traffic road, this established business benefits from excellent visibility and accessibility. Recent renovations (completed within the last year) encompass a comprehensive upgrade, including a new walk-in cooler, a fully functional kitchen space, a dedicated office area, and custom woodwork throughout. The property also boasts updated flooring and plumbing systems, reflecting a significant investment in modernizing the facilities. The building's interior has been meticulously redesigned to create a welcoming and efficient space for business operations. This turnkey operation is ready for immediate occupancy and presents a rare chance to acquire a well-established business in a desirable location. The property's location in Clinton County, Iowa, offers easy access to local amenities and a strong customer base. This is an ideal opportunity for an entrepreneur seeking a profitable venture with minimal start-up costs. The property's size and configuration are well-suited for continued operation as a bar/tavern or potential adaptation to other commercial uses, subject to local zoning regulations. Serious inquiries are encouraged to explore this promising investment opportunity further.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Camanche
    County
    Clinton
    State
    Iowa
    Longitude
    -90.2531
    Latitude
    41.7898
    CBSA code
    17540
    CBSA name
    CLINTON, IA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,534
    $21,160
    $63,150
    $84,310
    -
    $21,160
    $63,150
    $84,310

    Comparable in this City

    • Value Estimation
      $215,000
      2,472 SF

      108 9th Ave

      BAR, TAVERN • 2,472 SF
      108 9th Ave, Camanche, IA 52730-2230
      View Details
    • Value Estimation
      $320,000
      2,550 SF

      1118 Washington Blvd

      BAR, TAVERN • 2,550 SF
      1118 Washington Blvd, Camanche, IA 52730-1379
      View Details
    • Value Estimation
      $220,000
      2,224 SF

      809 14th Ave

      RESTAURANT • 2,224 SF
      809 14th Ave, Camanche, IA 52730-1728
      View Details
    • Value Estimation by Request
      720 SF

      1732 Washington Blvd

      BARBER, HAIR SALON • 720 SF
      1732 Washington Blvd, Camanche, IA 52730-1713
      View Details
    • Value Estimation by Request
      9,600 SF

      819 Washington Blvd

      SERVICE STATION (FULL SERVICE) • 9,600 SF
      819 Washington Blvd, Camanche, IA 52730-1826
      View Details
    • Value Estimation by Request
      3,828 SF

      818 7th Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,828 SF
      818 7th Ave, Camanche, IA 52730-1811
      View Details

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    312 S Washington Blvd
    Camanche, IA 52730
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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